Answer:
Variable manufacturing overhead spending variance= $2,000 favorable
Explanation:
<u>First, we need to calculate the predetermined overhead rate:</u>
<u></u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 2,400,000 / 240,000
Predetermined manufacturing overhead rate= $10 per machine hour
<u>To calculate the variable overhead spending variance, we need to use the following formula:</u>
<u></u>
Variable manufacturing overhead spending variance= (standard rate - actual rate)* actual quantity
Variable manufacturing overhead spending variance= (15 - 214,000/21,600)*21,600
Variable manufacturing overhead spending variance= $2,000 favorable
Answer:
The home repair companies and building supplies companies wanted to maintain their long term relationship.
Explanation:
Because the companies were considerate on their pricing after the clients lost their homes, a bond will be formed that has long term value and loyalty to the company.
This is a great strategy to get clients that will stick with the companies for a long time to come.
Given that a small hair styling salon had revenues of
$150,000 in a given year. The owner spent $10,000 on utilities, $60,000 on
supplies, and $50,000 on equipment, including maintenance. The total profit of
the salon should 150,000 –( 10,000 +
60,000 + 50,000) = $30,000. The owner could have earned more if he work at
another salon.
Answer:
(C) Janitorial, Welding, HR, Data Svcs, Assembly
Explanation:
Question: If the step-down method is used in this case, which sequence of allocations is not valid?
The step method will allocate a portion of a service department to others service department cost thus, increasing the cost of these.
In this case cost from Janitorialo will go into HR and Data serivces.
Is important to understand that these method have as goal to allocate their cost into production department. The production department receive cost from the service department. They do not allocate into service. Never.
Having said that statement; the conclusion is that option C is incorrect as it is doing a distribution of produciton department into service department.
Answer:
Least privilege
Explanation:
Organizations are always very careful when it comes to data privacy and protection to avoid data compromise, invasion and stealling. Data are the information an organization have which can be further processed. It could be information about its customers, the organization as a whole.
Data access are sometimes restricted to employees in an organization. They would only grant limited access to those employees who resources requires performing legitimate and routine work.
Example Is when a bank grant limited access right to it's staff to be able to edit and update customer's information on the bank's application. These employees will not be able to edit all the information about the customer because the major details like date of birth has been blocked from being edited to avoid compromise.